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Analysts attributed the IPO surge of Chinese tech firms to vibrant web-based industries. Innovations powered by internet technology are springing up and the group of tech-savvy young consumers is growing rapidly.

Analysts highlighted Safran SA and Senior Plc as other suppliers that could experience disruptions.

And that's not all: The town in western Japan doesn't even have trash collection service. The 1,500 residents have to transport their waste themselves to the local facility.

And local electronics makers are experimenting with new sales campaigns such as partnering with food delivery companies and livestreaming platform operators in hopes of hitching a ride on the consumption revival bandwagon.

Analysts believe such moves suggest sector reform is likely to speed up.